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  2. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    However, seniors may find it harder to qualify for a new home loan if they have a limited income, existing mortgage or other debt. We often think of homebuyers as young people: newlyweds, couples ...

  3. 6 Things You Need To Do When Considering a Government ... - AOL

    www.aol.com/6-things-considering-government...

    If you're considering refinancing your government-backed or conventional mortgage, a government-backed refinance could be a good choice. These loans, guaranteed by agencies like the FHA, VA and ...

  4. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620

  5. Looking to refinance your FHA mortgage? Make it easier and ...

    www.aol.com/finance/looking-refinance-fha...

    Hold a government-back mortgage: In addition to FHA-backed loans, mortgages backed by the U.S. Department of Agriculture’s (USDA) or the Department of Veterans Affairs (VA) also qualify.

  6. Reverse mortgage: What it is and how it works - AOL

    www.aol.com/finance/reverse-mortgage-works...

    Refinancing – If you’ve yet to pay off your mortgage, refinancing to a new, shorter loan could help lower your monthly payments, especially if you can get a lower interest rate on top of the ...

  7. Mortgage and refinance rates for Jan. 14, 2025: 30-year fixed ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    The current average interest rate for a 30-year fixed mortgage is 7.10% for purchase and 7.08% for refinance, increasing 6 basis points from 7.04% for purchase and 1 basis point from 7.07% for ...

  8. Mortgage and refinance rates for Dec. 17, 2024: Average ... - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    The current average interest rate for a 30-year fixed mortgage is 6.79% for purchase and 6.76% for refinance, down 1 basis point from 6.80% for purchase and 1 basis point from 6.77% for refinance ...

  9. Reverse mortgage requirements - AOL

    www.aol.com/finance/reverse-mortgage...

    How is the money in a reverse mortgage paid out? The loan amount available through a reverse mortgage depends on the age of the borrower (or the age of the youngest spouse when there’s a couple ...

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